Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1887-12-14
BOARD OF TRADE.
IcoNr1SuEp FROM THIRD PAGE

given by any other interest to interfere with or
lapse the few seasonable days required by the
general expositions of the State Agricultural So
ciety.
The California and Oregon Railroad is about
completed. The enterprise has had the sym
pathy and moral support of Sacramento from its
commencement This Board of Trade early
petltloned Congress through our representatives
10 protect and care for the privileges and rights
of the projectors of the undertaking whenever it
seemed advisable so to do. The waverings of
the Government officials in regard to the land
grant, just at the time when the Government
aud the people were 20
GET THE BENEFITS SECURED
Which they had hargained for and for which
they had already given all that was of real
value, was difficult of being understood by US,
looking at it simply from business standpoint,
and, as it were, from a selfish local interest to
be advanced by the completion of the road. It
seems to be In this matter as it sometimes is be-
tween indiyiduals-what is almost useless and
of little value to one party may be of great value
to another who can the better use il. The con-
stTuction of that railroad has been a great I'M
dertakng for lis projectors, calling for skill pc
culiar TO the situation-for a great outlay of
treasure and for faith in the natural demands of
the transportation situation. The people of
both States in general should be thankful for the
faith which that modern, artificial situation has
inspired. and for the great victory over nature
which it has brought about All honor TO
those who have builded so strongly, so well and
so direct to what seems to be the seat of great
interstate interests OF immense mutual value
for interstate traffic to two great sections of tn
western part of this wonderful country. During
the past year the railroad Improvements in our
section are marked indeed, and
UNDERLE AND GIVE STRENGTH
To the prosperous condition and outlook which
we have. Ihe finishing of the California and
Oregon road over the Shastas to the Willamette
valley must develop II reciprocity trade of con-
siderable extent IL will also make accessible
and bring into prominence and inspection a
large section of valuable country which thus
far Eastern and Pacific coast people. going TO
and from this country, have given but little or
| no attention. New timber tracts Will now be
accessible. New opportunities will be offered
to the enterprislng and new lines of railway
VIII undoubtedly seek to serve the same great
section OF country, for in our own country no
one railroad yet has had lonesome time of it
long. The extension of the Sacramento Valley
road to Plaeervllle is another improvement of
great moment to us, for vast section of valua-
bic foothill, vine and fruit lands will now be
brought into a state of high productiveness
New timber lands viii be made accessible, old
enterprises Will be given a permanent value,
| and will prove remunerative to those who have
been long waiting The railroad building in
the San Joaquin valley will also prove beneficial
to this city,
BUILDING UP NEW TOWNS
And creating new and Increased trade. Work
will soon be pushed on the Willows line, and
also the one from Sonoma valley to Napa all
being OF more or less assistance to the shippers
VINO operate from this main and most central
shipping center of the State. The railroad shops
here feel strongly the demands of all these en-,
| terprises, and are adapting their facilities to
| them, and must still more extensively prepare
TO respond, by new buildings and largely in.
creased force of men.
The business of the year shows steady i'm
prOvement over last, and has been more salts
| factory in several particulars. The freight
| rates have been more regular, and there con
| sequently has been a better feeling of safety
regarding the values of goods carried in stock
| TRADE HAS BEEN REGULAR AND GENERAL,
| With little inclination to run to speculations
| Some old sections of the country show increased
| trade, with confidence in the future. New sec
! tons are opening up, and the trade from such
| shows permanency OF improvement, indicat
ing that the pc 1pe have gone into such localities
| to stay and to spend their means in the proper
| development of the resources of the country
| Failures are much less frequent. Money ha!
| been more easy during the year. Older firm!
| are doing an increased business, and many new
| ones have started in many localities adding
| new firms with fair volume of apparently new
| business. The trade from the State of Nevadf
| is assuming more value and importance than i
| has for years In short, it is now evident tbs
in the part of the State tributary to this marke
! there has been of late months a quiet steady
| improvement going on showing that many sec
4 tons have had a valuable